Consumer Math Unit 2 Test Review

A promissory note (I.O.U) is another name for:

• A debit card

• A check

• A credit card

• Cash

A percentage you may add to a restaurant bill for good service is called a ____.

Tags

CCSS.7.RP.A.3

Which is not a way to pay for things in most modern economies?

• bartering

• cash

• credit cards

• debit cards

When you pay expenses every 2 weeks, that means you are paying them:

• bi-monthly

• quarterly

• bi-weekly

• monthly

When calculating the power bill, companies use ____.

• hours

• kilowatts

• kilowatt hours

• average usage

Tags

CCSS.7.RP.A.3

In order to write out a check, you must include... (check all that apply)

• the date

• who you are paying

• the time

• your phone number

• the amount

Which type of card charges interest when used?

• Debit card

• Credit card

• Gift card

• Bank card

What is the correct order for calculating a restaurant bill?

• Find the total, add tax, then add tip

• Find the total, add tip, then add tax

• Find the total, subtract tax, then add tip

• Find the total, add tip, then subtract tax

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

You are out to eat and the sales tax on food is 7.25%. What calculation should you use to find your total amount owed with tax?

• (total) x (.725)

• (total) x (.0725)

• (total) x (1.725)

• (total) x (1.0725)

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

What is the lowest combination of bills and coins that will give you $7.83?

• 7 - $1 bills

  3 - quarters

  1 - nickel

  3 - pennies

• 1 - $5 bill

  2 - $1 bills

  3 - quarters

  1 - nickel

  3 - pennies

• 1 - $5 bill

  2 - $1 bills

  3 - quarters

  1 - dime

  3 - pennies

• 7 - $1 bills

  3 - quarters

  1 - dime

  3 - pennies

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3